Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$699,547$699,547$823,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$123,953$0
Funding fee$3,498$3,498$0
Note rate4.990%4.990%7.320%
Blended rate4.990%5.443%7.560%
1st payment$4,012.99$4,012.99$5,656.87
2nd payment$0.00$826.35$0.00
Taxes / mo$441.53$441.53$441.53
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$164.70
HOA / mo$66.67$66.67$66.67
Total monthly$4,737.85$5,564.21$6,546.44
Cash to close$215,453$91,500$91,500